Luxury: With Gucci sales plunging 25%, Kering sinks deeper into crisis
- Posted on April 24, 2025
- By Le Monde
- 7 Views

Luxury: With Gucci sales plunging 25%, Kering sinks deeper into crisis

The company led by François-Henri Pinault has seen a 14% drop in activity during the first three months of 2025. Among French luxury giants, it finds itself in a critical situation as it faces the risk of global recession and trade wars.